BankUnited, Inc., with total consolidated assets of $27.9 billion at December 31, 2016, is a bank holding company with one wholly owned subsidiary, BankUnited, collectively, the Company. BankUnited, a national banking association headquartered in Miami Lakes, Florida, provides a full range of banking services to individual and corporate customers through 94 banking centers located in 15 Florida counties and 6 banking centers in the New York metropolitan area. The Bank also provides certain commercial lending and deposit products on a national platform. The Company endeavors to provide, through experienced lending and relationship banking teams, personalized customer service and offers a full range of traditional banking products and services to both commercial and retail customers.
BankUnited, Inc. was organized by a management team led by John A. Kanas and was initially capitalized with $945.0 million by a group of investors including W.L. Ross, Blackstone Group, The Carlyle Group and Centerbridge Partners. On May 21, 2009, BankUnited acquired substantially all of the assets and assumed all of the non-brokered deposits and substantially all other liabilities of BankUnited, FSB, from the FDIC in the FSB Acquisition. On February 2, 2011, the Company completed its IPO.
Today, BankUnited focuses on the financial needs of growing companies and their executives, consumers and commercial and middle-market businesses in the markets it serves. The bank offers a broad range of online services, treasury management tools for businesses and traditional depository and lending products.
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